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Singapore dollarsCNBC
•77% Informative
Singapore 's Temasek said Tuesday most of its investment capital will keep going into the U.S. The state investment company added that it was cautious on the Chinese market.
The firm's portfolio value rose by nearly 2% to $389 billion Singapore dollars ( $288 billion ) in its financial year ended March .
While the S&P equal weight index is at just 16 times earnings, which is below its long-term average.
Temasek's 10-year total shareholder return held steady at 6% , while the 20-year metric dipped slightly to 7% from 9% .
This was due to the exclusion of the 2004 financial year , which saw a 46% one-year TSR after the SARS pandemic.
Separately, the company divested SG$33 billion for the financial year .
VR Score
88
Informative language
95
Neutral language
39
Article tone
informal
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English
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52
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Attention-grabbing headline
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not detected
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short-lived
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